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re: Holy Cow! Just signed up for gigabit service in Chattanooga, TN
Posted on 11/14/15 at 2:45 pm to Korkstand
Posted on 11/14/15 at 2:45 pm to Korkstand
quote:
The thing about the timetable on this is that it depends on the supply of gig and 10gig+ service.
well with the failure rate of municipal gigabit services, i'm skeptical
chatanooga is the exception. the vast majority have turned into money pits that are bleeding the respective municipalities dry
even Chatanooga has issues
quote:
Once the interest on the taxpayer-funded stimulus handout is paid and costs associated with a government bond to help fund the project are calculated, the final tally for EPB’s fiber optic infrastructure is estimated to top $550 million.
Federal taxpayers are on the hook for the $112 million stimulus grant, plus an estimated $46 million in interest. EPB’s electric customers are footing the bill for more than $390 million in bond payments to help cover construction costs related to the fiber network.
quote:
But the bet hasn’t paid off: Few new companies have been lured to the city by the faster Internet and, according to publicly available records, only 11 commercial customers used the service as of January of this year.
Chattanooga shouldn’t expect things to get better in terms of its ability to draw high-tech companies to town because of its gig-speed Internet. Businesses now have many more choices. Twenty-four U.S. cities now offer gigabit Internet, according to PC magazine.
“There’s nothing that makes Chattanooga‘s gigabit Internet stand out from other places that also offer a gig,” Mr. Greene said. “The only difference is the ridiculous amount Chattanooga’s Gig project cost taxpayers.”
and that's the shining example (which had 20%+ subsidized by federal money) of muni-internet
i am being sure to support suddenlink, who is offering a free upgrade to Gig speed for its current 75MB service (which is like $60)
Posted on 11/14/15 at 3:27 pm to SlowFlowPro
quote:
i am being sure to support suddenlink
Oh, I wouldn't expect anything else from you. Suddenlink is notorious for data caps which give their video services an unfair advantage over others. You claim to love capitalism and competition, but you STILL don't have a clue how to apply these principles to the internet.
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